Pakistan
SBP injects Rs30bn into market
- Five quotes of Rs. 85 billion were offered, of which 2 of Rs. 30 billion were accepted.
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KARACHI: State Bank of Pakistan on Thursday injected Rs. 30 billion into money market for one day through its open market operation.
Five quotes of Rs. 85 billion were offered, of which 2 of Rs. 30 billion were accepted.
The rate of return accepted is 7.08 percent per annum, said SBP release.